Isoprenol Market Overview:
The global isoprenol market was capitalized at USD 332.1 million in 2017 and is expected to break the USD 459.1 million mark by 2025, reaching CAGR of 5.8% from 2018 to 2025. The growing demand for agrochemicals, particularly in the Asia-Pacific region, is expected to accelerate the market launch of isoprene over the next two years. On the other hand, strict environmental regulations could hinder the development of the market.
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Isoprenol Market – Growth Drivers and Challenges:
The market is strongly stimulated by the growing demand for chemicals worldwide. In addition, it is also expected that the growing demand of the pharmaceutical sector will influence the isoprenol market in the coming years. The growing demand for agrochemicals, particularly in the Asia-Pacific region, is expected to accelerate the market launch of isoprene over the next two years. On the other hand, strict environmental regulations could hinder the development of the market.
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North America was one of the largest markets for isoprenol in 2015. Europe and North America are expected to grow exponentially in the coming years as a result of increased investment in the energy sector.
Some of the Key Players profiled in this Isoprenol Market report are:
Nanjing chemical material corporation, Guangzhou Chen Yu Chemicals Co., Ltd, Triveni Interchem Pvt. Ltd., Kuraray, BASF, Jilin Zhongxin Chemical Group,NHU
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